Bridging Finance

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Bridging Finance

BRIDGING FINANCE:

So you’ve just sold your property. Due to the nature of the conveyancing cycle, you will only receive the funds from the proceeds of the sale in 60 – 90 days. Borrowonline offers a range of bridging finance products to enable you to access your funds immediately. Whether you’re a seller looking to access the equity from your sale, looking for finance to pay your rates, or simply an agent wanting an advance on your commission, we can help you.

Instead of waiting for the transfer of your property, we will provide you with an advance on the proceeds available to you on the sale of your property. The process is simple. Simply put us in touch with the attorney attending to the sale of your property and we will do the rest.

Advance on Transfer Duty and Rates

In order for the transfer of your property to take effect, you will need to settle all the outstanding rates and taxes on the property. If you’ve sold your property, we can provide you with the funds required to pay your rates and taxes. Simply put us in touch with the attorney attending to the sale of your property and we will do the rest.

Discounting of Agent’s Commission

If you have a valid FFC we can provide you with an advance on commissions due to you. Simply put us in touch with the attorney attending to the sale of your property and we will do the rest.

APPLICATION FORM:

First Name:*

Surname:*

City*

Phone*

Email*

Amount to Loan?*

Type of Asset:*

Description:*

Include as much information about your asset as possible to ensure a quicker response time. Borrow Online does not advance loans against electronic goods.